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Why a drop in unemployment doesn't add up – literally

  • Written by The Conversation
imageStatistics don't lie - do they?Image sourced from www.shutterstock.com

Unemployment has decreased, according to the latest figures. Here is a question: if the unemployment rate drops, is everyone happy?

Suppose that, in a very small country, 380 people are either working or would like to work (this group is the labour force), and suppose 38 of these...

Read more: Why a drop in unemployment doesn't add up – literally

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